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FSA praised for graduate recruitment scheme
Thursday, 10 July 2008
The Financial Services Authority (FSA) has been rewarded for the way it selects candidates for graduate jobs.
Onrec.com reports that the body has been recognised by the Association of Graduate Recruiters for the effectiveness of its programme.
The three year graduate jobs scheme includes a placement in a financial organisation and the authority receives many more applications than it has positions each year.
Unusual methods involved in the process including filming candidates, competency-based telephone interviews and psychometric testing.
Hannah Longden, who is responsible for graduate recruitment and marketing at the FSA, said: "Before adopting this approach we undertook research which showed that assessors found it useful in being able to spot more behaviours and also to view the recording again at a later stage."
In related news, the second annual Robert Half Global Financial Employment Monitor, reveals that firms in the UK are turning to graduates to fill skilled financial vacancies.